Alkaline Fuel Announces Trading on OTCQB and Filing of First Quarter 2022 Financial Statements and MD&A
2022年5月17日 - 04:05PM
Alkaline Fuel Cell Power Corp. (NEO: PWWR)(OTCQB:ALKFF)
(Frankfurt: 77R, WKN: A3CTYF) ("AFCP" or
the
"Company"), a company engaged in the
development and production of alkaline fuel cell heat and power
systems for residential, industrial and commercial markets
worldwide, is pleased that it has filed its Interim Consolidated
Financial Statements for the first quarter of 2022 and the
accompanying Management Discussion and Analysis on its SEDAR
profile at www.sedar.com. The financial statements and MD&A
will also be posted on the Company’s website at
www.fuelcellpower.com.
The Company is also pleased to announce that its
common shares have been up-listed from the OTC Pink Sheet Open
Market to the OTCQB Venture Market (the “OTCQB”)
by the OTC Markets Group Inc. The Company’s common shares began
trading on the OTCQB under the symbol “ALKFF” as of the opening of
the market on March 28, 2022. AFCP’s common shares continue to
trade on the NEO Exchange under the symbol “PWWR” and the Frankfurt
Stock Exchange under the symbol “77R”.
”We are pleased to be trading on the OTCQB,
allowing the Company to reach the largest investor audience in the
world,” commented Frank Carnevale, Chief Executive Officer.
“We look forward to providing further updates on the development of
our hydrogen fuel cell technology, and better conveying the values
of our recently acquired Combined Heat and Power projects, to
investors.”
Operated by OTC Markets, the OTCQB offers
transparent trading in entrepreneurial and development stage
companies that have met a minimum bid price test, are current in
their financial reporting and have undergone an annual verification
and management certification process. The OTCQB is recognized by
the United States (“US”) Securities and Exchange
Commission as an established public market providing public
information for analysis and value of securities. These standards
provide a strong baseline of transparency, as well as the
technology and regulations to improve the trading experience for
investors.
The Company has a verified profile and is
12g3-2(b) Certified by OTC Markets. Investors or other interested
parties in the US can obtain real-time quotes for the Company as
well as access its most current news and other information at
www.otcmarkets.com. Shareholders will also now have greater access
to information via the OTC Disclosure and News Service, as well as
transparent prices through full depth-of-book with Real Time Level
2 quotes.
ABOUT ALKALINE FUEL CELL POWER CORP.
The Company is focused on the development,
production and commercialization of micro-combined heat and power
(“micro-CHP”) systems based on alkaline fuel cell technology. A
fuel cell is a clean electrical power conversion/generation system,
akin to small power stations that provide electricity and an
equivalent amount of heat for various purposes. Based on hydrogen
powered alkaline fuel cell technology, our technology offers an
energy source that generates zero CO2 emissions with pure water as
the only by-product, making it ideally suited for residential and
small- to medium-sized power markets. We believe Fuel Cell Power is
well positioned to become a positive contributor to the global
demand for clean energy, particularly in Europe where demand
outpaces supply, and current technology remains inadequate to meet
market needs. Further information is available on our website
at https://www.fuelcellpower.com/ and we encourage
investors and other interested stakeholders to follow us
on LinkedIn, Twitter, Facebook, Instagram and YouTube.
Our common shares are listed for trading on the NEO Exchange
(“NEO”) under the symbol “PWWR”, the OTC Venture Exchange “OTCQB”
under the symbol “ALKFF” and on the Frankfurt Exchange under
symbol “77R” and “WKN A3CTYF”.
For further information, please contact:
Frank CarnevaleChief Executive Officer+1 (647)
531-8264fcarnevale@fuelcellpower.com
Forward-Looking Information
This news release contains forward‐looking
statements and forward‐looking information within the meaning of
applicable securities laws. These statements relate to future
events or future performance. All statements other than statements
of historical fact may be forward‐looking statements or
information. In certain cases, forward-looking statements can be
identified by the use of words such as “plans”, “expects” or “does
not expect”, “is expected”, “estimates”, “forecasts”, “intends”,
“anticipates”, “believes” or variations of such words and phrases
or statements that certain actions, events or results “may”,
“could”, “would”, “might”, “occur” or “achieve”. Forward-looking
statements may include, but are not limited to, statements with
respect to the Company’s technology, intellectual property,
business plan, objectives and strategy.
Forward-looking statements and information are
provided for the purpose of providing information about the current
expectations and plans of management of the Company relating to the
future. Readers are cautioned that reliance on such statements and
information may not be appropriate for other purposes, such as
making investment decisions. Since forward‐looking statements and
information address future events and conditions, by their very
nature they involve inherent risks and uncertainties. Actual
results could differ materially from those currently anticipated
due to a number of factors and risks. Accordingly, readers should
not place undue reliance on the forward‐looking statements and
information contained in this news release. Readers are cautioned
that the foregoing list of factors is not exhaustive. The
forward‐looking statements and information contained in this news
release are made as of the date hereof and no undertaking is given
to update publicly or revise any forward‐looking statements or
information, whether as a result of new information, future events
or otherwise, unless so required by applicable securities laws. The
forward-looking statements or information contained in this news
release are expressly qualified by this cautionary statement.
NEITHER THE NEO EXCHANGE NOR ITS REGULATION SERVICES PROVIDER
(AS THAT TERM IS DEFINED IN THE POLICIES OF THE NEO EXCHANGE)
ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS
RELEASE.
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